ENTIRE SALES PROCESS
In April 2017, Gebäudereinigung Beulcke GmbH, represented by the management, filed for insolvency at the local court in Lübeck. On 26th April, 2017, the local court in Lübeck appointed lawyer Stefan Denkhaus (Hamburg) as the preliminary insolvency administrator and on 1st July, 2017, as the insolvency administrator over the assets of the company.
In July 2017, the assets of the insolvent company were sold to Stölting Industrial Cleaning & Service GmbH, a company of Stölting Service Group GmbH, located in Gelsenkirchen, Germany. Stölting Service Group GmbH is one of Germany´s leading providers of security, personnel and cleaning services.
The insolvency administrator mandated CVM Capital Value Management GmbH to support the search for an investor for the insolvent company. CVM Capital Value Management GmbH has accompanied the entire selling process, from the identification of potential investors and the selection of the ideal partner to the successful finalization of the transaction.